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Company Overview of Eurobank Bulgaria AD

Company Overview

Eurobank Bulgaria AD provides retail, corporate, and investment banking services in Bulgaria. The company’s products and services include current accounts, savings products, and deposits; consumer, investment, conditional, syndicated, and mortgage loans, as well as credit lines; working capital and CAPEX financing products; credit and debit cards; overdraft facilities; factoring receivables financing; bonds; trade finance for import and export transactions; and money transfer and leasing services. It also offers cash management services; and factoring services consisting of domestic and export, reverse, and back-to-back factoring services. In addition, the company provides investment and tra...

Eurobank Bulgaria AD provides retail, corporate, and investment banking services in Bulgaria. The company’s products and services include current accounts, savings products, and deposits; consumer, investment, conditional, syndicated, and mortgage loans, as well as credit lines; working capital and CAPEX financing products; credit and debit cards; overdraft facilities; factoring receivables financing; bonds; trade finance for import and export transactions; and money transfer and leasing services. It also offers cash management services; and factoring services consisting of domestic and export, reverse, and back-to-back factoring services. In addition, the company provides investment and trading services comprising money markets, brokerage, and custody and depository services, as well as insurance products and mutual funds. It operates a network of 184 locations and 7 business centers. The company was formerly known as Eurobank EFG Bulgaria AD and changed its name to Eurobank Bulgaria AD in January 2013. Eurobank Bulgaria AD was founded in 1991 and is headquartered in Sofia, Bulgaria.

Eurobank Bulgaria AD Key Developments

Postbank reported earnings results for the first half ended June 2014. The company reported profit of BGN 14.5 million ($9.9 million/EUR 7.4 million) in the first half of 2014, up by 130% on the year.

Eurobank EFG Reports Earnings Results for the First Quarter Ended March 2014

May 30 14

Eurobank EFG reported earnings results for the first quarter ended March 2014. For the quarter, the company's net loss fell by an annual 19.2% to €2.1 million ($2.9 million) against €2.6 million a year ago. Operating income rose to €36.7 million from €32.5 million a year ago. Loss before tax before minorities was €1.9 million against €2.4 million a year ago.

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